Order

WHEREAS on September 14, 2021, the Mutual Fund Dealers Association of Canada (the “MFDA”) issued a Notice of Hearing pursuant to sections 20 and 24 of By-law No. 1 (the “Notice of Hearing”) in respect of a disciplinary proceeding commenced against Muhamad Asghar Sadiq (the “Respondent”) which shall take place before a hearing panel of the Central Regional Council (the “Hearing Panel”);

AND WHEREAS in accordance with s. 19.13 of MFDA By-Law No. 1, the first appearance in this hearing was held by teleconference before a public representative of the Central Regional Council of the MFDA (the “Chair of the Hearing Panel”) on November 22, 2021;

AND WHEREAS the Respondent did not attend the first appearance and did not serve or file a Reply to the Notice of Hearing;

AND WHEREAS counsel for Staff attended the first appearance by videoconference and made submissions to the Chair of the Hearing Panel concerning scheduling and other procedural matters;

IT IS HEREBY ORDERED THAT:

1. The issue of the adequacy of service on the Respondent is reserved to the full Hearing Panel to be determined on the date set for the hearing of this matter on its merits.
2. Subject to any further order of the Hearing Panel, the hearing of this matter on its merits shall take place electronically by videoconference on April 12, 2022, commencing at 10:00 a.m. (Eastern), or as soon thereafter as the matter can be heard.